Asset Manager

POSITION PURPOSE: TheReal Estate Asset Manager is responsible forcreating and overseeing customized asset management strategies for multi-family LIHTC and HUD communities owned by National Church Residences.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

• Maximize total return for each assigned asset through the analysis of property efficiencies and identifying opportunities for improved performance

• Work closely with property managers and Regional Managers to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals

• Conduct market studies of competing properties to determine market competitive rents

• Manage cash flow, distribution analysis and investment projections

• Develop and distribute periodic asset management reports to senior management, investors, consultants and other partners

• Position each asset for optimal financial performance through such activities as budgeting and monitoring financial performance

PERFORMANCE MEASUREMENTS

• Financial and operational performance measures of the assigned portfolio

• Accuracy, relevancy and timeliness of reporting and communication with management and third-party partners

• Success in achieving owner goals including distributions and long term viability of property

• Success of problem identification and resolution

• Quality of relationships with managing agents, limited partners, lenders, housing agencies and HUD.

QUALIFICATIONS

Education/Certification:

• BA/BS degree in Finance, Accounting, Real Estate or related field with strong record of academic achievement with MBA or CPA preferred

Experience Required:

• Level 1: Experience in property management/leasing/operations and/or real estate asset management

Skills/Abilities:

• Proficiency with modeling investments in Excel

• Understanding of Partnership Agreements and Low Income Housing Tax Credits

• Understanding of accounting and financial modeling

• Solid analytical and organizational skills and ability to multi-task

• Highly-developed verbal and written communication skills

• Ability to work independently and as part of a team

• Proactive thinking with detail-oriented and creative problem solving approach

• Self-directed and self-managing

• Up to 25% travel throughout the United States is required for this position

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.